Notification under section 35 of Income Tax Act 1961 in the case of Indian Institute of Technology Kharagpur

1888 GI/202 4 (1) EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY (सं. 29/2024) [फा. सं. 203/17/2023/ ITA-II] No. 1261] NEW DELHI, WEDNES DAY , MARCH 1 3, 2024 /PHALGUNA 23, 1945 CG-DL-E-13032024-252961 MINISTRY OF FINANCE (Department of Revenue ) (CENTRAL BOARD OF DIRECT TAXES ) NOTIFICATION New Delhi, the 13th March , 2024 (No. 29/2024) S.O. 1324(E).—In exercise of the powers conferred by clause (ii) of sub -section (1) of section 35 of the Income -tax Act, 1961 (43 of 1961) read with Rules 5C and 5E of the Income -tax Rules, 1962, the Central Government hereby approves ‘Indian Institute of Technology , Kharagpur’ (PAN: AAAJI0323G) under the category of ‘University, college or other institution’ for ‘Scientific Research ’ for the purposes of clause (ii) of sub -section (1) of section 35 of the Income -tax Act, 1961 read with rules 5C and 5E of the Income -tax Rules, 1962. 2. This Notification shall apply with effect from the date of publication in the Official Gazette (i.e . from the Previous Year 2023 -24) and accordingly shall be applicable for Assessment Years 2024 -25 to 2028 -29. [F. No. 203/17/2023/ITA -II] CASTRO JAYAPRAKASH T. , Under Secy. Explanatory Memorandum: It is certified that no person is being adversely affected by granting retrospective effect to this notification. Uploaded by Dte. of Printing at Government of India Press, Ring R oad, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.